In this episode, we welcome back renowned business author and speaker Mike Michalowicz as we discuss crucial financial strategies for businesses. We explore how to make a transformation like moving from one business bank account to five, we also delve into the power of the Pareto Principle when it comes to managing your customer roster and maximizing profitability.

Plus, we offer expert advice on how much to keep in your financial vault account for OpEx, and where and how to open your five core accounts. Tune in for valuable insights and practical tips to revolutionize your business finances! Don’t forget that we have your back on where and how to open your five core accounts at https://www.profitfirstnation.com/step-1/

In this episode, we explore the powerful concept of abundance mindset and how it can help you unlock infinite opportunities for profitability. Our expert guest breaks down a checklist to help you get the right framework in place to achieve your financial goals.

Plus, don't miss our special bonus resource - the Reverse Engineer Calculator Based on Owner’s Pay, available exclusively at www.ReverseEngineerCalculator.com. Tune in now and learn how to cultivate a mindset of abundance to maximize your business's profitability.

He discusses how he transformed his business from one that was struggling to make ends meet to a permanently profitable one. By following the Profit First framework, Joe is now able to work on his business instead of being a slave to the grind.

In this episode, Danielle Mulvey and Chief Profit First Professional Guide, Billie Anne Grigg, dive into the world of credit leverage and how it can be used to earn points and rewards while staying financially responsible. They also discuss the pitfalls of going credit crazy and offer tips and strategies for mastering credit leverage with Profit First.

 Make sure to check out www.SecondHalfStrong.com for exclusive live programming to boost your profitability with 1:1 Coaching, Strategic Advisory Sessions, Sprints, and Weekly Live Q&A.

Learn how to consistently build your dream team using The 5-Star Employee Rating System(TM), a powerful talent evaluation system. With a 90% hiring success rate, this system is essential for attracting and retaining 5-Star Employees.

 In addition to The 5-Star Employee Rating System(TM), discover four other secrets that are simple to implement with the right intention. Unlock the secret to building a winning team today!

Plus, listen closely and count how many times Felicia mentions her amazing Mastery-Certified Profit First Professional, Venus Michael! Don't miss this inspiring episode on achieving financial success in your business.

Join us as we explore the secrets to mastering the power of planning and achieving your goals. Don't miss this episode on taking control of your life and achieving success.

Rejoice! NorthOne, the bank that embraces Profit First, is here to automate your Profit First allocations. Join co-founder and CEO, Eytan Bensoussan, as he walks us through how to use NorthOne's sub-account envelopes to streamline your Profit First system. With NorthOne, you can open your account from the comfort of your own home in no time at all.

And as a bonus, Profit First Nation listeners can get a $50 bonus when they open their NorthOne account using the link provided. Don't miss this episode on revolutionizing your banking experience with Profit First and NorthOne.

Cue the confetti!!!! FINALLY, a bank that embraces Profit First!!!! NorthOne’s co-founder and CEO, Eytan Bensoussan, walks us through how to automate your allocations using their sub-account envelopes. With NorthOne you can open your account from your comfy couch in no time at all! BONUS: Profit First Nation listeners get a $50 BONUS when they open their NorthOne account using the link: https://apply.northone.com/profitfirst

CHECK OUT our visual recap that walks you through how easy it is to get NorthOne set-up as your primary bank or your inconvenient bank to save you time by automating your allocation calculations and transfers.

Join us as we dive into the finer details of Advance Profit First applications. Discover how to calculate Real Revenue when COGS (Materials) and/or Subcontractor costs account for 25% or more of your total sales.

Plus, as a bonus resource, learn how to complete the Reverse Engineer Calculator based on Owner's Pay to get your business on an accelerated path to profitability. We also answer more of your burning questions about Profit First. 

Don't miss this episode on taking your Profit First system to the next level and achieving true financial success.